Tag Archive for Barclays

Barclays sees share price spike after turnaround specialist takes 5pc stake (BARC)

Activist investment firm Sherborne Investors has taken a 5pc stake in Barclays Bank (LSE:BARC), making it the British financial institution’s fourth-largest shareholder. Sherborne, which is headed up by well-known corporate raider Edward Bramson, and its affiliated companies have bought 5.16pc of Barclays’ issued share capital through a combination of shares and derivatives costing around £580m.…

It took the SFO a decade to charge Barclays with fraud, what chance does it have of policing AIM?

Today saw the Serious Fraud Office (SFO) charge Barclays Bank PLC with ‘unlawful financial assistance’ in relation to a $3bn (£2.3bn) loan it made to the State of Qatar during the global financial crisis (GFC). With the authorities taking an entire decade to catch up with Barclays, a global institution and major player in the…